UNITED NATIONS—The United Nations Security Council on Wednesday is set to adopt a U.S.-led resolution aimed at slashing North Korea’s coal-export revenue by 60% in response to the country’s nuclear test in September, U.S. officials said. The officials said the new sanctions represent a “significant step forward” in closing existing loopholes and squeezing Pyongyang of hard-currency revenue it needs to keep its military and nuclear...
Source: Wall Street Journal November 29, 2016 02:32 UTC